Research

Atlanta’s industrial market is entering 2026 with a construction pipeline that remains meaningfully leaner than prior cycle peaks, even as groundbreakings have begun to pick back up. Space under construction is still aligned with levels that have historically supported steady absorption, keeping near-term delivery risk in check as vacancy continues to normalize. The recent increase in starts reflects a measured return to development activity rather than a broad reopening of speculative supply. While the pipeline…

Savannah enters 2026 with industrial fundamentals increasingly influenced by global trade flows rather than short-term real estate cycles. While industrial markets nationally continue to adjust following several years of elevated supply growth, Savannah remains differentiated by its role as one of the most efficient and fastest-growing container gateways in the United States. In fiscal year 2025, the Port of Savannah handled approximately 5.7 million TEUs, an 8.6% year-over-year increase and one of the strongest performances…

Download Medical Office Report

Explore Atlanta’s Industrial and Office market reports along with Savannah’s Industrial market report.

  → Total availability declined to 98.9 MSF in December, down from 101.5 MSF in November, supported by several sizable year-end leasing transactions. This represents the first meaningful pullback in availability since mid-2025, suggesting large-block absorption is starting to counteract new deliveries. → Sublease availability continued to ease, falling to 13.1 MSF, down from its August peak of 14.7 MSF. The steady month-over-month decline reflects fewer large subleases entering the market and improving confidence among…

The 2026 Lee & Associates – Atlanta Industrial Forecast provides a forward-looking analysis of a market entering a period of recalibration and strategic momentum. While the rapid expansion of recent years has eased, Atlanta’s industrial fundamentals remain strong, supported by balanced supply, sustained demand, and long-term growth drivers. As economic conditions stabilize and capital markets gradually re-engage, activity is expected to remain steady across leasing, investment, and development. The following pages highlight recent market performance,…

  → Overall availability held steady at 101.5 MSF, easing slightly from October’s 101.9 MSF. This stabilization suggests the market is rebalancing after increased availabilities during the first half of 2025. → Sublease availability dropped to 13.5 MSF in November, the third consecutive month of decline from an August peak of 14.7 MSF. Fewer larger subleases are coming online, signaling a healthier and more stable sublease environment. → There is now 7.0 MSF currently under…

Atlanta’s office availability rate has now declined for four straight quarters, dropping from about 27.9% in early 2024 to 25.5% today. It’s a small but steady improvement that suggests the market may finally be stabilizing. With new construction slowing and sublease space leveling off, this isn’t about a sudden rebound, it’s about the market finding balance again. Landlords and tenants are adjusting to how space is really being used, not how it used to be….

  → Sublease availability declined for a second consecutive month, easing to 14.2 million SF in October after peaking at 14.7 million SF in August. → Overall availability fell to 101.9 million SF, down 3.1 million SF from September, the first meaningful decline this year. More than 10 leases over 100K SF were signed in October, highlighting strong tenant demand and improving market balance. → Under construction availability ticked up slightly to 5.4 million SF…